Source: Talon Benefits Blog

Talon Benefits Blog IRS Allows HDHPs to Pay for Coronavirus Tests & Treatment

On March 11, 2020, the Internal Revenue Service (IRS) issued Notice 2020-15 to advise that high deductible health plans (HDHPs) can pay for 2019 Novel Coronavirus (COVID-19) testing and treatment before plan deductibles have been met, without jeopardizing their status. According to the IRS, this alsomeans that individuals with HDHPs that cover these costs may continue to contribute to their health savings accounts (HSAs).The IRS also noted that any COVID-19 vaccination costs count as preventive care and can be paid for by an HDHP without cost sharing.  

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Talon Benefits's headquarters is located in Centennial, Colorado. Talon Benefits generates $8.4K in revenue per employee